Investor Alexis Ohanian, husband of Reddit co-founder and tennis legend Serena Williams, is one of the latest high-profile names to support NFT, or non-figurative tokens.
“I’ve invested heavily in women’s sports, but the boom in NFT and trading cards will be big for women’s sports,” said Ohio. Tweeted On saturday.
“Save this tweet,” he added, noting that women investing in the market for NFT and other digital assets will “change the game,” especially when the user experience and interface for the platforms improve over time and the market becomes more efficient. [and] Liquid. “
NFT is a unique cryptocurrency token used to represent digital assets, including works of art, sports archives and video clips. NFTs can be bought and sold just like physical assets. And, as they run on blockchain, decentralized digital ledgers or documents can be traced to the transactions, ownership and recognition of assets represented by the NFT.
In February, an NFT highlight clip, in which LeBron James was sold for over 200 200,000 by Duppers Labs’ NBA Top Shot, is a players online platform that sells NFT archived “moments” of popular players. CNBC reports that the NBA has so far earned over $ 230 million in sales through Top Shot.
Although repositories have so far largely focused on men’s sports, Ohio predicts that the NFT market for women’s sports collectors will be much larger.
“These markets are just male dominated right now. Women are just as valuable as they are in other markets, even though they have a really big influence on the dollar.” Tweeted, Also showed that a larger share of consumer spending than men is controlled by women.
For example, he Said“You’ve already seen the memetic strength,” said Megan Rapino, an American professional soccer player.
“[W]The hat happens when anyone in the US can invest in ‘Megan Rapino’ stock?
Ohiani noted that “deals” on billions of platforms such as NBA Top Shot and Soccer digitally stored platform Sorare ignore “half the world” deals “so far” (for now).
Indeed, the labs on the app “actively generate experiences for women’s sports,” company spokesperson CNBC’s McIntyre says, “including the WNBA.”
Sorare has similar plans. Ohanian is an angel investor at Sorere, and one of the “big projects” the company is working on is to get women’s soccer on the platform, a Sorere spokesman told CNBC’s Make It. The company says that right now, 18% of Sorre users are women, with no collectible offer of female athletes made by the platform yet.
Like Ohanian, investor Mark Cuban predicts that the NFT market will disrupt the arts, music and movie industries as well as the sports market.
“This pay generation knows that smart contracts and digital reflect that good or that cryptocurrency is a better investment than the old school, touching or experiencing uses,” Cuban wrote in a January blog post.
Buyers of NFT-based collectors trust that the market will appreciate the same as physical trade cards. After all, “People want to celebrate their superheroes, men and women alike, and to miss this opportunity would look foolish in the 20s. [years], “Ohion Tweeted.
Check out: Best Credit Cards for 2021 Building Credit
Don’t miss out:
Disclosure: CNBC has exclusive F-Network cable rights to “Shark Tank”.
.
